Why it is worth talking to a lawyer when you move in together
For most people, the idea of moving in with your partner is a natural progression in a relationship. Whilst it may be daunting, there is also the feeling of settling down and, perhaps, starting to consider having a family. If you get married or enter into a civil partnership, then certain rights will be established for both you and your partner. However, if you live together as 'common law' man and wife, you may find that you have very few rights if the relationship breaks down or your partner should die.
So, if you are thinking about moving in with your partner, it is a good idea to consult a lawyer so that you understand what can be done to protect yourself. A Lawyer will firstly ask relevant questions like how much you both earn, a list of your assets, if you are buying a home together or moving into your partner's home, how much each partner will contribute to running costs and day to day expenses and if you or your partner have dependents or children. Once all these questions have been answered, your lawyer will be able to explain any risks you may be taking and how to avoid them.
If you are moving in with a partner who owns the property, you will probably have no rights to the property unless you can show that you contributed financially. These contributions could include paying the mortgage or regular bills, or paying for specific building projects, like an extension. If you are buying a home together, you should ensure that the home will be in both your names. If it is just one name, that person can legally insist that the other move out of the property. You will also have problems with inheritance if your partner dies.
A property in a single name can easily be transferred to two names. There are two common agreements which can protect each party. If you are 'tenants in common', you split the property into two fixed shares. Each tenant is free to leave their share to whom they wish in their will. The other kind of tenancy agreement is called a 'joint tenants agreement'. In this agreement you both co-own all the property, which means that you will share the proceeds of a sale and you would inherit the property if your partner should pass away. These agreements only apply to owned properties, if you rent you should make sure that the tenancy agreement is in both names.
If your partner becomes ill or dies, you will not necessarily be considered next of kin. This means you may not be able to influence their treatment if the are ill or decide how they will be buried if they die. If you want to be sure that you have these rights, it would be best to see a lawyer and have it as part of a written agreement. Like wise, if you and your partner have separate bank accounts, you would not be able to access your partner's account if they die. It will become part of their estate. Remember, if you are not married, or have a formal agreement, this may also apply to pensions
Living together is not always the beginning of the journey towards conventional marriage and kids. Sometimes it is an accepted destination in its own right. However, because it is not legally recognised in the same way as marriage, you must be more careful about how you will be affected by tragedy or crisis. The law is well placed to help you through these traumatic times, but only if the appropriate agreements or contracts have been made. You should at least make a Will, what ever your age. That process in itself will help you to think about what you own and what safeguards you want in place for your dependents. Find a lawyer to help you make plans for the future. When you live with someone, it is not just your future you need to plan for.
So, if you are thinking about moving in with your partner, it is a good idea to consult a lawyer so that you understand what can be done to protect yourself. A Lawyer will firstly ask relevant questions like how much you both earn, a list of your assets, if you are buying a home together or moving into your partner's home, how much each partner will contribute to running costs and day to day expenses and if you or your partner have dependents or children. Once all these questions have been answered, your lawyer will be able to explain any risks you may be taking and how to avoid them.
If you are moving in with a partner who owns the property, you will probably have no rights to the property unless you can show that you contributed financially. These contributions could include paying the mortgage or regular bills, or paying for specific building projects, like an extension. If you are buying a home together, you should ensure that the home will be in both your names. If it is just one name, that person can legally insist that the other move out of the property. You will also have problems with inheritance if your partner dies.
A property in a single name can easily be transferred to two names. There are two common agreements which can protect each party. If you are 'tenants in common', you split the property into two fixed shares. Each tenant is free to leave their share to whom they wish in their will. The other kind of tenancy agreement is called a 'joint tenants agreement'. In this agreement you both co-own all the property, which means that you will share the proceeds of a sale and you would inherit the property if your partner should pass away. These agreements only apply to owned properties, if you rent you should make sure that the tenancy agreement is in both names.
If your partner becomes ill or dies, you will not necessarily be considered next of kin. This means you may not be able to influence their treatment if the are ill or decide how they will be buried if they die. If you want to be sure that you have these rights, it would be best to see a lawyer and have it as part of a written agreement. Like wise, if you and your partner have separate bank accounts, you would not be able to access your partner's account if they die. It will become part of their estate. Remember, if you are not married, or have a formal agreement, this may also apply to pensions
Living together is not always the beginning of the journey towards conventional marriage and kids. Sometimes it is an accepted destination in its own right. However, because it is not legally recognised in the same way as marriage, you must be more careful about how you will be affected by tragedy or crisis. The law is well placed to help you through these traumatic times, but only if the appropriate agreements or contracts have been made. You should at least make a Will, what ever your age. That process in itself will help you to think about what you own and what safeguards you want in place for your dependents. Find a lawyer to help you make plans for the future. When you live with someone, it is not just your future you need to plan for.
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New Unique Article!
Title: Why it is worth talking to a lawyer when you move in together
Author: Andrew Marley
Email: jbayston@tiscali.co.uk
Keywords: Glasgow lawyers,lawyers in Glasgow,law,relationships,Finance,Glasgow
Word Count: 671
Category: Relationships
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